North Dakota Statutes
§ 22-01-01 — Definitions
In this chapter, unless the context or subject matter otherwise requires:
1.A "continuing guaranty" means a guaranty relating to a future liability of the principal
under successive transactions which either continue the liability or from time to time
renew it after it has been satisfied.
2.A "guaranty" means a promise to answer for the debt, default, or miscarriage of
another person.
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Related
First Interstate Bank of Fargo, N.A. v. Larson
475 N.W.2d 538 (North Dakota Supreme Court, 1991)
First Federal Sav. and Loan Ass'n v. Scherle
356 N.W.2d 894 (North Dakota Supreme Court, 1984)
State ex rel. Heitkamp v. Family Life Services, Inc.
2000 ND 166 (North Dakota Supreme Court, 2000)
First International Bank & Trust v. Peterson
2009 ND 207 (North Dakota Supreme Court, 2009)
Addy v. Myers
2000 ND 165 (North Dakota Supreme Court, 2000)
First Federal Savings & Loan Ass'n of Bismarck v. Compass Investments, Inc.
321 N.W.2d 921 (North Dakota Supreme Court, 1982)
American Federal Bank v. Grommesh
2021 ND 228 (North Dakota Supreme Court, 2021)
First Federal Savings & Loan Ass'n of Bismark v. Scherle
356 N.W.2d 890 (North Dakota Supreme Court, 1984)
State v. Wilson
2009 ND 200 (North Dakota Supreme Court, 2009)
Nearby Sections
15
§ 22-01-01
Definitions§ 22-01-05
When a guaranty need not be in writing§ 22-01-06.2
Surety or guarantor may withdraw within ten days§ 22-01-06.3
When account furnished surety or guarantor§ 22-01-06.4
Surety or guarantor may withdraw at any time§ 22-01-06.5
Public policy